Loading neighbourhood intel…
Loading neighbourhood intel…
$719,000
4978 Yonge Street · Toronto · Ontario M2N 7G8
26 days on market
Welcome To Ultima By Menkes, Ideally Located In The Heart Of North York. This Bright And Beautifully Maintained Three-Bedroom Corner Suite Features A Highly Desirable Split-Bedroom Layout, Offering Excellent Privacy And Functionality. The Spacious Open-Concept Living And Dining Area Is Enhanced By Hardwood Flooring, Large Windows, Abundant Natural Light, And Impressive City Views. The Primary Bedroom Includes A Generous Walk-In Closet, While The Private Balcony Provides The Perfect Place To Rela…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $50KPrice reduction
MLS shows the seller reduced the asking price by $50,000 (from $769,000 to $719,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX EXCEL REALTY LTD.
Source: TRREB/PROPTX · MLS® C13832660
Do you own a home in Toronto?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $32,732 | $2,728/mo |
| Government & taxes | ||
| Property tax | $3,599 | $300/mo |
| Land transfer tax(closing) | $10,855 | $905/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,190 | $599/mo |
| Condo fees | ||
| Condo / HOA fees | $12,656 | $1,055/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $77,692 | $6,474/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.